Also known as Carolina Financial
Carolina Financial Corporation was the parent of CresCom Bank and merged into United Bankshares on May 1, 2020.
The parent merger and the subsequent merger of CresCom into United Bank were separate legal steps. Carolina Financial shareholders received 1.13 United shares for each common share.
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United Bank grew from a nineteenth-century Parkersburg franchise into a Mid-Atlantic and Southeast banking network. Acquisitions, commercial lending and deposit relationships explain its scale, while 2026 results and a dedicated government-contracting team show its next phase.
Curated library records that name Carolina Financial Corporation or connect through its linked research. The official source provides full scope and status.
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